Sui Price Action revealed: 21 Shares Files for sui etf

Explore the latest SUI technical analysis, including price movement. Follow a study of an in -depth scheme to detect the main levels and market trends.

Sui Defi activity grows, as well as the base of the project and society. All this is a great sign of the continuation of health in Blockchain and its dangerous potential in the future.

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We have just received the announcement of the submission of 21shares to get SUI ETF, another ascending sign for the first investors.

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Sui Price: Visions of Technical Analysis in May 2025

((Suiusd))

Let’s start today’s analysis by looking at the 1D graph, especially the market direction. We have three specific periods clearly (in red) as the SUI price decreased or recovered.

Each of these three witnessed a decrease in the relative power index under the medium line. Each break above this RSI line was accompanied by a broken market structure on the price scheme, followed by a 46 font test.

I would like to say it is a region more than a strict line. We have a clear upward trend that started with the lowest level in October 2023, followed by its highest level and the highest level.

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((Suiusd))

Again, on the 1D graph, there are a few of the main levels that must be seen are open annual, high annual, low monthly, as well as MA200, which currently operates as support.

On the above chart, it can be seen that when the price is over MA200 in each of the previous times, go to a new ATH. Sui Price can test the low monthly or even other MAS, but it may continue from here.

((Suiusd))

In the 4H time frame, we can see the current range in which SUI is binding. RSI reset. After that, we would like to see MAS successfully recovered during this time frame. This will secure the beginning of the next movement to the top – so watch closely for this purpose.

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